Credit Unions Chartered In The State Of Michigan

Advia Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381686050 ✦ Kalamazoo, MI ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered in the State of Michigan, specifically Advia Credit Union, is a nonprofit financial institution based in Kalamazoo, Michigan (Address: 6400 W Main St, ZIP code: 49009). With a team of 729 employees, they offer a wide range of financial products and services to their membership base, aiming to provide financial advantages. Their mission encompasses competitive deposit and loan products, ensuring affordability and accessibility for their members. Established in Michigan, this credit union strives to cater to the financial needs of its community with low-cost, efficient lending options.


Official website here: www.adviacu.org

Is Credit Unions Chartered In The State Of Michigan legitimate?

Credit Unions Chartered In The State Of Michigan is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,769,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,718,245

For more financial information, click here


Official website here: www.adviacu.org

What is the mission statement of Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered In Michigan prioritize providing financial benefits to their members by offering a comprehensive range of financial products and services. The mission of these credit unions is geared towards delivering competitive deposit and loan options to their membership base. By offering low-cost, competitive lending products, these credit unions aim to help their members manage their finances effectively and earn interest income on their deposits.


Official website here: www.adviacu.org

Who is the CEO of Credit Unions Chartered In The State Of Michigan?

Jeffrey Fielder is the Chief Financial Officer of Credit Unions Chartered In The State Of Michigan. The CEO's salary of Credit Unions Chartered In The State Of Michigan is $2,436,611 and their total compensation is $2,482,580.


Official website here: www.adviacu.org

What is the revenue of Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered In The State Of Michigan's revenue in 2022 was $137,191,450.


Official website here: www.adviacu.org

Who are the executives of Credit Unions Chartered In The State Of Michigan and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Michigan during 2022 was $45,937. There are 729 employees and 6 volunteers at Credit Unions Chartered In The State Of Michigan.

Here are 15 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $2,436,611 and their total compensation is $2,482,580):

    Cheryl Koncsol (President/Ceo)
  • Compensation: $2,436,611
  • Related: $0
  • Other: $45,969

    • Jeffrey Fielder (Chief Financial Officer)
  • Compensation: $471,456
  • Related: $0
  • Other: $31,785

    • Raymond Black (Chief Operating Officer)
  • Compensation: $351,826
  • Related: $0
  • Other: $40,971

    • Timothy Merwin (Chief Lending Officer)
  • Compensation: $357,657
  • Related: $0
  • Other: $33,419

    • Linden Buck (Vp Of Indirect Services)
  • Compensation: $234,830
  • Related: $0
  • Other: $17,740

    • Robert Moore (Vp Of It)
  • Compensation: $198,826
  • Related: $0
  • Other: $26,314

    • Eric Stoll (Vp Of Commercial Services)
  • Compensation: $198,974
  • Related: $0
  • Other: $25,422

    • Renae Sisk (Vp Of Human Resources)
  • Compensation: $202,384
  • Related: $0
  • Other: $17,483

    • Nancy Loftis (Vp Of Marketing)
  • Compensation: $195,877
  • Related: $0
  • Other: $11,322

    • Donna Kalmeta (Secretary/Bod) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Seim (Director/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Doorn (V. Chair/Bod) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Kalmbach (Chair/Bod) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Bouma (Director/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Segal (Treasurer/Bod) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.adviacu.org

    Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan?

    The Credit Unions Chartered In The State Of Michigan’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.adviacu.org

    Learn more at the official website: www.adviacu.org

    Mission Statement of Credit Unions Chartered In The State Of Michigan

    Credit Unions Chartered In Michigan, a nonprofit organization, is dedicated to granting financial advantages to its members by providing a comprehensive range of financial products and services. The mission of this financial cooperative is to offer competitive deposit and loan products to its membership base. By doing so, Credit Unions Chartered In Michigan empowers its members to improve their financial situations and achieve their financial goals.

    The organization's commitment to its members extends beyond basic financial services. By providing low-cost, competitive lending products, Credit Unions Chartered In Michigan generates interest income for its members. As a result, members can save money, invest, and build a solid financial foundation. Additionally, the organization's financial expertise and customer-centric approach enable it to tailor its offerings to meet the unique needs of each member.

    Credit Unions Chartered In Michigan fosters a strong sense of community among its members. By pooling resources together, members can enjoy the benefits of collective buying power and shared financial knowledge. This cooperative business model not only benefits individual members but also contributes to the overall financial well-being of the community as a whole. With a focus on competitive pricing and personalized services, Credit Unions Chartered In Michigan continues to make a difference in the lives of its members.

    Impact

    This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Credit Unions Chartered in the State of Michigan have a significant impact on the financial landscape of the region. By providing competitive lending products at low costs, they contribute to economic growth by empowering individuals and businesses to access the financing they need to thrive. Through their mission to offer a full range of financial products and services, these credit unions foster financial stability and opportunity for their members in Kalamazoo, Michigan.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,226,458
  • Program Service Revenue: $117,964,992
  • Gross Receipts: $139,082,759

    • Assets and Liabilities:
  • Total Assets: $2,892,338,087
  • Total Liabilities: $2,650,318,240
  • Net Assets: $242,019,847
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INCOME FROM LOANS

    Revenue

    $82,334,938

    OTHER INCOME

    Revenue

    $22,226,429

    FEES AND CHARGES

    Revenue

    $12,891,574

    FINANCE AND INSURANCE

    Revenue

    $512,051

    Organization Details

    Founding Year

    1935

    Principal Officer

    Jeffrey Fielder

    Main Address

    6400 W MAIN ST, KALAMAZOO, MI, 49009

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Credit Unions Chartered In The State Of Michigan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.